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kenneth. its all about fundamental analysis and biz model. think like a bizman will see from a different point of view. why aeon is a sunset industry cause I have work in aeon b4 when fresh grad
hypermarket is having hard time since I have friend working in aeon and tesco as a merchandiser. they need to press supplier until no profit to sustain. until scolded by supplier
i have working in retail job for more than 15 years. the problem in retail is high overhead salary and rental with low margin product. selling fmcg products is a very low margin biz. need to sell very big bulk. retail is a cash flow biz. need to turn product into cash asap
supplier give 3 months to 6 months credit period. hypermarket need to turn the stock into cash asap within 3 months to roll. once sales bad and overhead is high, there will be cash flow problem and drag supplier payment for long